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Exchange Traded Concepts LLC Buys 12,340 Shares of Texas Instruments Incorporated $TXN

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Key Points

  • Exchange Traded Concepts LLC increased its stake in Texas Instruments by 119.9%, owning 22,632 shares valued at approximately $4.7 million.
  • Texas Instruments reported earnings per share of $1.41 for the last quarter, exceeding estimates by $0.09, along with a year-over-year revenue growth of 16.4%.
  • The company's board announced a quarterly dividend hike to $1.42, representing a 3.2% yield, with the next payment scheduled for November 12th.
  • Five stocks we like better than Texas Instruments.

Exchange Traded Concepts LLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 119.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,632 shares of the semiconductor company's stock after purchasing an additional 12,340 shares during the period. Exchange Traded Concepts LLC's holdings in Texas Instruments were worth $4,699,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cloud Capital Management LLC bought a new position in Texas Instruments during the first quarter valued at approximately $28,000. Copia Wealth Management bought a new position in Texas Instruments during the fourth quarter valued at approximately $30,000. Dagco Inc. bought a new position in Texas Instruments during the first quarter valued at approximately $32,000. CBIZ Investment Advisory Services LLC grew its position in Texas Instruments by 67.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock valued at $33,000 after acquiring an additional 75 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. bought a new position in Texas Instruments during the first quarter valued at approximately $34,000. 84.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Mizuho dropped their price objective on Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research note on Wednesday, July 23rd. Rosenblatt Securities reissued a "buy" rating and set a $245.00 price objective on shares of Texas Instruments in a research note on Wednesday, July 23rd. DZ Bank reaffirmed a "sell" rating and issued a $158.00 price target on shares of Texas Instruments in a research note on Wednesday, July 23rd. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Finally, BNP Paribas raised Texas Instruments to a "strong sell" rating in a research note on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $213.82.

Get Our Latest Analysis on TXN

Texas Instruments Stock Performance

Shares of TXN stock traded down $2.25 during trading hours on Friday, reaching $179.37. 16,187,326 shares of the company traded hands, compared to its average volume of 6,670,172. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88. The company has a market cap of $163.07 billion, a P/E ratio of 32.85, a P/E/G ratio of 2.93 and a beta of 1.02. The firm has a 50-day moving average price of $194.12 and a 200 day moving average price of $185.80.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The firm had revenue of $4.45 billion for the quarter, compared to analysts' expectations of $4.31 billion. During the same period in the previous year, the firm earned $1.17 EPS. The business's quarterly revenue was up 16.4% on a year-over-year basis. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Friday, October 31st. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. Texas Instruments's dividend payout ratio is presently 99.63%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of Texas Instruments stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the sale, the vice president owned 38,883 shares of the company's stock, valued at $7,984,624.05. The trade was a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.57% of the stock is currently owned by insiders.

About Texas Instruments

(Free Report)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.

See Also

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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